LTC's Next Move After Breakout

All information can be found on the chart. I tried to make it as self-explanatory as possible. In case you still have any questions, free free to leave a comment or send me a personal message.

Comentário:

This idea was based on the fact that LTC would break through the resistance and that the resistance would be turned into support.

However, we can see that the price is struggling massively, which is why I changed my short term outlook from bullish to bearish. Read up here ->